$553,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 553k interest only loan?
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Use this calculator to determine the monthly payment of a $553,000 interest only loan payment. In this type of loan no principal is paid off so the balance must be paid off at a future point, usually through a balloon payment or refinance.
Interest Only Payment Table For a 553k Loan
Rate Payment
0.25% $115.21
0.5% $230.42
0.75% $345.63
1% $460.83
1.25% $576.04
1.5% $691.25
1.75% $806.46
2% $921.67
2.25% $1,036.88
2.5% $1,152.08
2.75% $1,267.29
3% $1,382.50
3.25% $1,497.71
3.5% $1,612.92
3.75% $1,728.13
4% $1,843.33
4.25% $1,958.54
4.5% $2,073.75
4.75% $2,188.96
5% $2,304.17
Interest Only Payment Table For a 553k Loan
Rate Payment
5.25% $2,419.38
5.5% $2,534.58
5.75% $2,649.79
6% $2,765.00
6.25% $2,880.21
6.5% $2,995.42
6.75% $3,110.63
7% $3,225.83
7.25% $3,341.04
7.5% $3,456.25
7.75% $3,571.46
8% $3,686.67
8.25% $3,801.88
8.5% $3,917.08
8.75% $4,032.29
9% $4,147.50
9.25% $4,262.71
9.5% $4,377.92
9.75% $4,493.13
10% $4,608.33